Search

Mozambique security improving, but TotalEnergies seeks more stability to restart LNG project

France's TotalEnergies said the security situation in Mozambique was "improving" as it weighs a restart of construction at its two-train Mozambique LNG project in the southeast African country.


In April, TotalEnergies declared force majeure on the Mozambique LNG project and removed all of its staff from the site, after Islamist militants attacked the nearby town of Palma in late March, killing dozens.


The situation has pushed back the start of first production to at least 2025 from 2024, with full production of 13.1 million mt/year projected in 2026.

In February, TotalEnergies CEO Patrick Pouyanne said the Mozambique LNG project was 21% complete as of the end of 2020.


Since the Palma attack, military forces have secured the province in the north of the country, not only for the LNG project, Nzue said.

"Things are improving by what we can see on the ground. The African forces are doing quite a good job," he said. "So things are improving. But what is key is to have security in a sustained manner, and that is very important." (https://www.spglobal.com/platts/en/market-insights/topics/energy-price-crisis)


Recent Posts

See All
© Copyright